Boca Raton’s Keeping the Promise Capital Campaign Celebrates the Coslov’s $1 Million Gift
Michael and Debra Coslov have made a $1 million gift to Keeping the Promise…The Campaign for Boca Raton Regional Hospital. The gift will be acknowledged with the naming of the third-floor reception area in the Cooperman Medical Arts Pavilion in honor of the Coslovs.
“We are enormously grateful to Michael and Debra for this spectacular gesture of generosity,” said Lincoln Mendez, North Region Executive for Baptist Health and CEO of Boca Raton Regional Hospital. “The Coslovs became residents of Boca Raton only nine years ago, but immediately took an interest in their healthcare, the health of the community, and the hospital. They have become family, and we are always moved by that sort of commitment, participation, and embrace of our approach and vision.”
Michael Coslov is the former Chairman and CEO of Tube City IMS in Glassport, PA, the largest provider of outsourced industrial services to steel mills in North America. The organization provides mill services at 84 customer sites in 13 countries and their global raw material procurement network spans five continents. He is credited with strategically transforming the organization he purchased from his brothers in 1987, from a $60 million a year scrap processor to a $3 billion provider of high quality, value-added outsourced steel services, becoming the largest provider in North America.
In addition to Boca Raton Regional Hospital, the Coslovs are involved with many other not-for-profits and charities, including being a Board Member of Penn Medicine, Board Member and Finance Chairman of Franklin Institute, Board Chairman of Philadelphia Red Cross, Board Member of Allied Jewish Appeal and Campaign Chairman, Chairman of Israel Emergency Fund, and Board Member and Building Campaign Chairman Temple Beth Hillel – to name a few.
“I would say to those in our community who have not been involved that it’s time to get involved now,” said Mr. Coslov. “The hospital is the perfect place to give your time, talents, or if you can, financially.
Healthcare services at Boca Regional must remain current and progress in a timely fashion so that the very best care is always available for patients.”
The Keeping the Promise Campaign continues to soar thanks to Michael and Debra Coslov and the continued generosity of the Boca Raton community. With the $250 million goal now reached, the hospital continues seeking community support to meet the increasing healthcare needs of the growing patient population.
“There is no limit to the healthcare challenges we all increasingly face today,” said Stan Barry, co-chair of Keeping the Promise. “Similarly, there is no limit to the philanthropic need to address as much of it as we can. The gift from Michael and Debra demonstrates that our donor family understands and believes in that approach. We are eternally grateful to them.”
The $250 million Keeping the Promise Campaign is the largest fund-raising initiative in Boca Regional’s history and supports its most ambitious growth and expansion period. The campus redevelopment plans include at the centerpiece, the new Gloria Drummond Patient Tower, where patients will be welcomed in the inviting new Louis B. and Anne W. Green Lobby with plans for retail, dining, meeting space, a sanctuary, outdoor courtyards and other conveniences for visitors. The new tower features all new surgical suites and all private patient rooms exceeding the latest safety standards for patient care. In the current hospital building, all existing rooms will be converted to private in a comprehensive renovation of all patient units, including maternity, oncology, and orthopedics. An expansion of the Marcus Neuroscience Institute is well underway, emphasizing neurovascular/stroke, central nervous system tumors, spine, and epilepsy/seizure disorders. The recently opened 972-car Schmidt Family Parking Facility will be connected to the Marcus Neuroscience Institute once the new tower construction is complete. Also included in the plans is the new Toby and Leon Cooperman Medical Arts Pavilion, to be located across the street from the hospital will be home to our Orthopedic Institute with an outpatient surgery center and physician specialty offices all opening in the fall of 2023.
